Finding Properties – The Basics

There are many ways to find investment properties in any real estate market in the country. A few examples include marketing to: listed properties, for sale by owner properties, absentee owner properties, distressed sellers, etc. However, this article is not about the specific ways to find properties. Instead, we will discuss free vs. paid marketing. When all the details are extracted, marketing comes down to a cost of either time or money. This is something new investors must understand. To be successful in this business you MUST spend either time or money to find deals.
In real estate investing, money is made when an acceptable property is found. There are only two ways to find such properties. New investors, that don’t have any money, must spend their time searching for properties. One of the quickest ways to find possible deals, without any money, is to scour the Multiple Listing Service (MLS) and make offers on properties that are more likely to accept an investor-type offer. This technique only requires your time in evaluating the properties and submitting offers.
On the other hand, an investor could spend money to find possible deals not yet publicly listed. An example of this would be to acquire a list of probable sellers and then execute a marketing campaign targeting the list. The marketing campaign could be mailing out a series of postcards or hiring someone to place door hangers. An example of some costs associated with this style of marketing would be: acquisition of the list, the media in which you are using to deliver the message, the postage, and/or the person that places the door hangers.
The overarching lesson to be taken from this article is that investors must pay for finding properties with either their time or their money. Both techniques can be effective and one must be practiced consistently before any properties can be found. Therefore, if you find that you are not doing enough deals, then increase either the time/money or both that you put into finding properties.

Response is a direct-to-consumer real estate and stock education and training company. We do not
sell a business opportunity, “get rich quick” program or money-making system. We believe, with
education, individuals can be better prepared to make investment decisions, but we do not guarantee
success in investing. We do not make earnings claims, efforts claims, return on investment claims,
or claims that our training will make you any money. All material is intellectual property and
protected by copyright. Any duplication, reproduction, or distribution is strictly prohibited.
Please see our Full Disclosure for important delails.

Investing of any kind carries risk and it is possible to lose some or all of your money. The training
provided is general in nature, and some strategies may not be appropriate for all individuals or all
situations. We make no representation regarding the likelihood or probability that any actual or
hypothetical investment will achieve a particular outcome or perform in any predictable manner. Past
performance is not a guarantee of future success. Be advised that we do not give any individual real
estate recommendation, trading recommendation or advice as to any investment, including regarding
securities, mutual funds, insurance products, options, futures, commodities or any other specific
and individual investment opportunity. It is highly recommended that individuals work with licensed
real estate brokers, agents, and professionals for any real estate transactions. It is also highly
recommended that individuals work with licensed securities professionals such as registered investment
advisors or securities or insurance licensed professionals for any securities, insurance or commodities
transactions.

Testimonials and reviews are individual experiences and personal opinions of those who may have purchased
education and training. Individual results will vary, and testimonials and reviews may not be typical.
We do not track monetary results. Instead, we survey customers concerning the value of the education,
training, support, and overall satisfaction. See response.com/experience for more information.

The Company may link to content or refer to content and/or services created by or provided by third
parties that are not affiliated with the Company. The Company is not responsible for such content
and does not endorse or approve it. The Company may provide services by or refer you to third-party
businesses. Some of these businesses have common interest and ownership with the Company.

Third-party company names, logos, and products are trademarks or registered trademarks of their respective
holders. Use of them does not imply an affiliation with or endorsement or sponsorship of the Company.
Inc. 500 is a registered trademark of Mansueto Ventures LLC.